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Saturday, July 23, 2011

Budget Deal Would Give Pentagon Extra Funds In Exchange For Social Program Cuts

--Democrats and Republicans are now moving toward an agreement that would increase defense spending. 05 Apr 2011 While media attention focuses on the cuts to government spending demanded by House Republicans and broadly accepted by Democrats, the Pentagon is poised to reap billions more in federal funds, according to sources close to the discussions. The confines of the budget negotiations established by the two parties results in a system where every extra dollar going to military spending ends up being offset by a dollar reduction in spending on domestic social programs.READ MORE

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